The plan targets mill operations, regulatory changes, and new markets for Ontario wood products.
Cost savings programme offsets lower prices as group begins market-driven shutdown at Joutseno pulp mill.
Construction is expected to be completed by January 2027.
High industry inventories and cold weather limit production, while the company enters Phase 2 of its internal efficiency work.
Proposed transaction still requires approval from US and Chinese authorities alongside European Commission.
Price for plywood imported to Japan gained 1.9%.
Price for wood pellets exported from Vietnam to Japan upped 1.1%.
Price for wood chips exported from Vietnam to Japan decreased slightly 0.6%.
Price for lumber imported to Japan increased slightly 0.4%.
Price for wood pellets imported to Japan slipped 1.5%.
Price for softwood lumber imported to Japan dipped 1.8%.
More than half of tracked metros post annual price declines, with Denver the weakest.
The deal will add a Waseca, Minnesota pallet plant and 75 employees.
Company fined $6.38 million and ordered to implement compliance plan after purchasing more than $30 million in illegally trafficked wood.
Finland consumes 78.9 million m3 of roundwood in 2025 Headline option 3: Finland forest industry roundwood use rises 6% in 2025 Subheading: Forest industry processing totalled 66.1 million m3, while energy use fell to 12.8 million m3.
The timberland includes 202 miles of protected streams and is certified to Sustainable Forestry Initiative standards.